McLaren to Build NFT Platform on Tezos

  • The platform will list NFTs illustrating McLaren Racing’s history and heritage and famous drivers, according to an emailed announcement Thursday.
  • McLaren cited the Proof-of-Stake model that powers the Tezos network — which is less energy intensive than Proof-of-Work blockchains — as the key to partnership.
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  • As part of the agreement, the race suits of McLaren’s Formula 1 and INDYCAR drivers will carry Tezos’ branding.
  • McLaren is no stranger to the crypto and blockchain space, having announced in March that it would be creating an official fan token through Turkish crypto firm.

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